Karnataka IT share is 34% of total IT exports of the country.
6:46 am in Outsourcing by admin
According to economictimes.com Karnataka the leader in the Indian IT industry has once again proved that it leads the pack of IT states when it comes to IT share. Industry experts and pundits who were predicting the decline of the IT share in the country and the state in particular to its counterparts like Tamilnadu and Andhra Pradesh has clocked an astounding export of 74,929 crores this fiscal. “We have not fallen behind… and we are expecting exports of Rs 100,000 crore by the end of this fiscal,” said, state IT & BT minister Katta Subramanya Naidu. However, the hardware exports from Karnataka dipped by 6.8% on a Y-o-Y basis to touch revenue of Rs 2,889 crore for FY09. The performance of the tier-II cities namely Mysore, Mangalore and Hubli on a combined basis has been 45% with revenue touching Rs 2,423 crore. So Karnataka has emerged as the leader in IT exports once again.
Written by Anand.G
The writer is founder of a cricket website Crickick.com, a IT-ITES Professional, an startup enthusiast